REUTERS./REVISTA EXAME Rio de Janeiro-The president of Petrobras, Jose Sergio Gabrielli, said this Monday that the company should increase in ethanol production through acquisitions. “We had a different strategy before. Now we have changed. Our strategy was through greenfield (new plants). Today we intend to grow our production mainly through acquisitions, “Gabrielli said in anContinue reading “More M&A in Petrobras plans”
Tag Archives: Tereos
Petrobras expands European connections
Petrobras made two partnership announcements in the past 3 days, in Portugal with Galp Energia and in Brazil, with French Tereos International. The Brazilian petroleum company will partner with Galp Energia to produce biodiesel (green-diesel) in Portugal. Production in that country should be around 250 000 tonnes / year, by 2015. At the same time,Continue reading “Petrobras expands European connections”
An international Brazilian company is born: Tereos International
An energy and food giant is emerging in Brazil. It is an interesting strategic move of the French company Tereos. The deal represents the merger of its subsidiaries in Brazil, France and Indian Ocean. The new company will be traded in Sao Paulo and Paris. Total assets surpass 1 billion euros.